costs

Official data shows where homes in England and Wales are least affordable

A quarter of neighbourhoods in England and Wales were off-limits to many prospective home owners last year because average income in these areas was below the level needed to buy, new research suggests. According to analysis of data from the Office of National Statistics (ONS), the cost of an entry level property on average across […] The post Official data shows where homes in England and Wales are least affordable appeared first on PropertyWire . Continue reading

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Home affordability in UK cities at worst level since 2008

Home affordability in cities in the UK is at its worst level since 2008 with Oxford the most expensive urban location to buy a property and Stirling the cheapest, according to new research. Over the past five years, the average UK city house price has risen by 32% from £169,966 in 2012 to its highest […] The post Home affordability in UK cities at worst level since 2008 appeared first on PropertyWire . Continue reading

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Rental prices in England and Wales up 1% year on year

The lettings market in England and Wales saw rental prices up by 1% over the 12 months to January with all regions bar one recording growth, the latest index shows. The average rent in January was £798 in January with the East of England seeing the fastest rising rents over the year and London properties […] The post Rental prices in England and Wales up 1% year on year appeared first on PropertyWire . Continue reading

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